How to Purchase Open Custody Protocol (OPEN) using Web3Camp [OLD] (3P)

To buy Open Custody Protocol using Web3Camp [OLD], first, find a cryptocurrency exchange that supports the OPEN/3P trading pair. Create an account, verify your identity, and deposit your 3P into your exchange wallet. Locate the OPEN/3P pair on the trading platform and place an order to exchange your Web3Camp [OLD] for Open Custody Protocol. If the OPEN/3P pair is unavailable, you can first exchange Web3Camp [OLD] for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Open Custody Protocol. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.